PayTech

Klarna becomes Europe’s most valuable FinTech on the back of $650m round

Swedish payments unicorn Klarna can convincingly claim to hold the title of Europe's most valuable privately-owned FinTech company after a $650m funding round pushed...

19 FinTech funding rounds from the last week that you better not have missed

From cybersecurity unicorn Snyk's $200m funding round to payment service provider startup Mollie's €90m new cash injection, the last week was full of FinTechs completing funding rounds.

This is what the FCA wants firms to consider when closing ATMs

The Financial Conduct Authority (FCA) has finalised its expectation for firms when they consider closing branches or ATMs, or converting a free-to-use ATM to pay-to-use.

Hungarian startup PeasyPay vying Spanish and British expansion

PeasyPay, a bieometric-based payment company, is looking to expand its reach from its native Hungry to Spain, Slovenia and the UK.

Why is Pablo Escobar’s brother suing Klarna?

A Columbian drug lord's brother and the biggest privately-owned FinTech in Europe could be heading towards a legal battle threatening to delay Klarna's public listing.

PayPal and Visa expand Instant Transfer to give businesses instant access to funds

Payment giants PayPal and Visa have expanded their Instant Transfer service to speed up the process needed for businesses and people to access transferred funds.

Zwipe secures $10.63m in post-IPO raise

Biometric-enabled payment company Zwipe has raised NOK96m ($10.63m) in a post-IPO round to fuel the further development of its service well into 2021.

Klarna could soon be Europe’s most valuable FinTech if reports about its upcoming funding...

Klarna may soon arguably be named Europe's most valuable privately held FinTech after news broke that the payment firm is in talks with investors to raise new funding that would push its valuation across the $10bn mark.

Cross-border payments startup Thunes has bagged $60m in a Series B round

Singapore-based FinTech startup Thunes has secured $60m in a Series B funding round led by Helios Investment Partners.

UK FinTech industry stakeholders launch initiative to fight harassment in the sector

The FinTech industry has a problem with harassment, but now the Fintech For All Charter has moved to do something about it.

News Stories

Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air travel sector

Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air...

UATP, renowned for its robust global payment network that facilitates streamlined payment processes, has entered into a strategic alliance with Klarna, a leader in AI-driven global payments.
İşbank and Instabase revolutionise money order processing with AI-driven partnership

İşbank and Instabase revolutionise money order processing with AI-driven partnership

İşbank, Turkey’s largest privately owned bank, has partnered with Instabase, a leader in generative AI solutions.
Wise Platform joins AbbeyCross ABX for enhanced global FX payment connectivity

Wise Platform joins AbbeyCross ABX for enhanced global FX payment connectivity

AbbeyCross and Wise Platform have forged a new partnership to enhance global FX payment systems.
Landesbank Baden-Württemberg (LBBW), Germany’s largest state bank, has selected Fenergo to automate its compliance processes.

LBBW partners with Fenergo to enhance client onboarding and compliance automation

Landesbank Baden-Württemberg (LBBW), Germany’s largest state bank, has selected Fenergo to implement a new cloud-based client onboarding system to enhance its compliance processes.
Maybank invests in Funding Societies to drive MSME digital finance in southeast Asia

Maybank invests in Funding Societies to drive MSME digital finance in southeast Asia

Maybank, which serves over one million small and medium enterprises (SMEs) across ASEAN, announced today a significant investment in Funding Societies | Modalku, Southeast Asia's foremost unified digital finance platform for micro, small, and medium enterprises (MSMEs).

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